BlackDiamond Wealth Management LLC Has $448,000 Holdings in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP)

BlackDiamond Wealth Management LLC grew its position in Invesco S&P 500 Equal Weight ETF (NYSEARCA:RSP) by 28.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,554 shares of the company’s stock after purchasing an additional 571 shares during the period. BlackDiamond Wealth Management LLC’s holdings in Invesco S&P 500 Equal Weight ETF were worth $448,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. SJS Investment Consulting Inc. increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 157.1% during the 4th quarter. SJS Investment Consulting Inc. now owns 144 shares of the company’s stock valued at $25,000 after acquiring an additional 88 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 105.4% during the 4th quarter. Van ECK Associates Corp now owns 152 shares of the company’s stock valued at $27,000 after acquiring an additional 78 shares during the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 4th quarter valued at about $28,000. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Equal Weight ETF during the 3rd quarter valued at about $29,000. Finally, Hemington Wealth Management increased its holdings in shares of Invesco S&P 500 Equal Weight ETF by 84.0% during the 4th quarter. Hemington Wealth Management now owns 184 shares of the company’s stock valued at $32,000 after acquiring an additional 84 shares during the last quarter.

Invesco S&P 500 Equal Weight ETF Stock Performance

Shares of NYSEARCA RSP opened at $174.99 on Tuesday. The firm has a market cap of $72.90 billion, a price-to-earnings ratio of 20.93 and a beta of 1.07. The business’s 50-day simple moving average is $178.71 and its 200-day simple moving average is $179.11. Invesco S&P 500 Equal Weight ETF has a 52 week low of $158.83 and a 52 week high of $188.16.

Invesco S&P 500 Equal Weight ETF Profile

Guggenheim S&P 500 Equal Weight ETF, formerly Rydex S&P 500 Equal Weight ETF, seeks to replicate as closely as possible, the daily performance of the S&P 500 Equal Weight Index (the Index). The Index is a capitalization-weighted index covering 500 industrial, utility, transportation and financial companies of the United States markets (mostly NYSE Euronext issues).